News and Research

In The News
Goldman exit shows shortage of ETF traders who make market tickMay 25, 2018

A shortage of specialized traders who oversee ETF transactions on stock exchanges is threatening the boom in exchange-traded funds. Issuers complain that it’s becoming increasingly difficult to hire lead market makers, or LMMs, who work to minimize the difference between the prices that buyers are willing to pay and sellers will accept. What’s the problem? … Continue reading “Goldman exit shows shortage of ETF traders who make market tick”

In The News
With ETFs About to Be Easier to Build, Aspiring Money Managers Go SoloMay 22, 2018

It’s never been easier to start an exchange-traded fund — or so it seems.  Just ask the two wannabe asset managers who are planning new funds by themselves, away from the third-party ETF expert they previously relied upon to usher them through the arcane process. And they aren’t alone. With regulators set to remove red tape around … Continue reading “With ETFs About to Be Easier to Build, Aspiring Money Managers Go Solo”

In The News
ETF Issuer March MadnessMarch 27, 2018

Source of KPIs: Toroso Investments Security Master, as of March 24, 2018 INDEX PERFORMANCE DATA   03/24/2018         1 Wk 1 Mo 3 Mo 6 Mo 1 Yr QTD YTD Since Inception  Toroso ETF Industry Index (4.38%) (1.59%) 6.03% 18.59% 6.11% 6.11% 33.66% S&P Financial Select Sector Index (7.21%) (7.51%) (4.04%) 6.38% … Continue reading “ETF Issuer March Madness”

In The News
Should the Nasdaq 100 Be Equally Weighted?March 19, 2018

We noted that 73% of EW ETF assets are versions of “traditional” indexes, such as RSP which is an EW version of the S&P 500. A recent ETF ThinkTank discussion revealed that one of the most popular “traditional” indexes is actually unique. Unlike most traditional indexes that target a sector or a specific market capitalization, the Nasdaq … Continue reading “Should the Nasdaq 100 Be Equally Weighted?”

In The News
NYSE opening bellMarch 07, 2018